BRITISH VIRGIN ISLANDS & NOT PANAMA ARE TO BLAME FOR THE CRIMINAL ACTIVITIES OF "BEARER SHARES"

Written By:          Kenneth Rijock
Contributed By:   Monte Friesner

SHOULDN'T THEY REALLY BE CALLED THE BVI PAPERS ?

Lawyers in Panama who have read my article, detailing that most of the companies formed by the law firm of Mossack and Fonseca were incorporated, not in Panama, but in the British Virgin Islands (BVI), where the notion of disclosure of Beneficial Ownership is a fantasy, are asking the question: Seriously, should it not be designated the BVI PAPERS ?

And should the UK Government, through its highest local official, be held to account for allowing the Overseas Territory to become the center of attention of the world's law enforcement community ? Bloody bearer shares, indeed ! Shame on the Foreign & Commonwealth Office for governmental malpratice.